Blog entries tagged with "stock market crash"
BAD ECONOMY: IT DOES A BODY GOOD
By Christine Song on September 29, 2009 - Comments(0)
Experts compare our current economic downturn to the 1929 stock market crash and the subsequent Great Depression. To name a few, the fall of the conglomerate lending institutions, a rise in unemployment rate, and countless bankruptcy filings and defaults on mortgages followed by loss of homes are some of the ...
Continue reading "Bad Economy: It Does a Body Good"THE FAILURE OF MARKETS AND THE POLITICS THAT FOLLOW
By Andrew Last on September 01, 2009 - Comments(2)
The stock market crash of 1929 and the recent housing market crash are strikingly similar in respect to their causes and the government’s subsequent responses. In “the 1920s, banks began to loan money to stock-buyers since stocks were the hottest commodity in the marketplace. Banks allowed Wall Street investors ...
Continue reading "The Failure of Markets and the Politics that Follow"